Greater New Orleans Development

NEW ORLEANS, LA EIN: 72-1177207 Website

TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$4.0M

+11.2% YoY

Annual Giving

$2.8M

+60.1% YoY

Grant Count

16

+0.0% YoY

Avg Grant Size

$175K

+60.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$3,970,691$3,571,319$2,647,279
Revenue$7,212,232$5,465,248$2,831,617
Expenses$6,487,890$5,403,500$3,117,822
Qualifying Distributions
Net Investment Income$54,883$134,677$-160,348
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$700K$1M$2M$3M1 grants20203 grants202112 grants202216 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

OPPORTUNITY HUB$771KBATON ROUGE AREA CHAMBER$401KUNIVERSITY OF LOUISIANA …$209KGREEN LIGHT NEW ORLEANS$185KUNIVERSITY OF NEW ORLEANS$184KONE ACADIANA INC$183KLOUISIANA CHAMBER OF COM…$172KNICHOLLS STATE UNIVERSITY$134KSOUTHERN UNIVERSITY AND …$130KSOUTH LOUISIANA ECONOMIC…$112K

Grant Size Distribution

48 grants across all recorded years

23<$50K9$50–100K13$100–250K1$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Greater New Orleans Development fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JOSHUA TATUMVICE PRESIDENT OF BUSINESS$138KLACY MCMANUSEXECUTIVE DIRECTOR OF FUTU$124KBRANDON WILLIAMSDIRECTOR OF FINANCE AND AD$105K

From 2024 filing

NameTitleHoursCompensation
RICHARD F CORTIZASBOARD CHAIR1
JULIE STOKESSECRETARY & TREASURER1
DALE BENOITMEMBER1
WAYNE CONNERMEMBER1
TARA CARTER HERNANDEZMEMBER1
MARINA MANZANARESMEMBER1
GUY WILLIAMSMEMBER1
MICHAEL HECHTPRESIDENT & CEO1
JOSHUA TATUMVICE PRESIDENT OF BUSINESS40$137,617
LACY MCMANUSEXECUTIVE DIRECTOR OF FUTU40$123,686
BRANDON WILLIAMSDIRECTOR OF FINANCE AND AD40$105,079

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

AtlantaAvondaleBaton RougeLafayetteLake CharlesNew OrleansThibodaux

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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